Grokster Shutting Down?

An anonymous reader writes "Yahoo news is reporting that Grokster is shutting down. In a settlement with Hollywood and the music industry Grokster will be permanently banned from 'participating directly or indirectly in the theft of copyrighted files and requires the company to stop giving away its software.'" A continuation on their deal with Mashboxx, or the end of grokster entirely?

What'd they do to PJ???

[Wabbit Wabbit]

Oh. Grokster.

never mind.

Their Web site says:

[dptalia]

"There are plenty of services where you can download music and movies legally. This is not one of them." Yikes!

Re:Quite simply...

[drgonzo59]

Welcome to Slashdot, here anything can happen ;-)

Re:The tech community????

[Rei]

Rabble Rabble!

Re:The tech community????

[GungaDan]

I'll see yer rabble rabble, and raise you one declaration of shenanigans. Clearly they spelled Bitch Mainwol's name wrong in the article.

Yep

[42Penguins]

I, for one, use file-sharing software EXCLUSIVELY for Linux Distros and public domain E-Books...Yeah, right.

Dead

[Anonymous Coward]

Netcraft confirms it. Grokster is dead.

In Other News..

[MightyMartian]

New York City - The Mafia has promised not to dip people in concrete and dump them into the Hudson River. In an agreement with FBI and Rudolf Giulani's ego, the Mafia has agreed that it will cease and desist this practice, regarded by some (particularly victims) as being somewhat barbaric, and usually quite illegal. "Da FBI came down on us and says 'Looks Fat Tony, we's getting tired of all da pollution. Peoples gotta drink dis water, ya know what I mean?'" said Fat Tony Lucchese.

Re:I'm curious...

[op12]

Actually, it's the power companies that are to blame. They are enabling piracy to occur. Piracy could obviously not happen if we didn't have power!

It's not theft, it's murder...Murder!!!

[Ryan C.]

Whenever replying to someone who uses "theft" when they mean "copyright infingement", just reply substituting the word "murder" since that makes about as much sense. Don't explain, wait for them to ask why you're using that term.

e.g.

Only a small percentage of Grokster's customer base were not murdering music files, that's why they got shut down. I agree that murder of artist's music should not be allowed.